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Anonymous   05 January 2012 at 15:57

Tds deduction

Hello,

I'm working in a company on contractual basis from 31st March 2011 and my contract got over on 31st Dec 2011 and now the company has taken me on company's payroll from dated 2nd jan 2012.

Now my question is how can company deduct my TDS by there own as i got on company's payroll from 2nd Jan 2012. or Is Company liable to deduct my TDS as my monthly income is 8500 pm., If Yes, than what will be the amount which will be deducted.

Anonymous   05 January 2012 at 12:19

Advice

i am a trader of vegitables having large scale transactions aprox.(2,00,000/week) in my saving account.
i have no pan card.
what are the cosequences have to face me from the income tax department because i am dealing in my saving account n i have no current account?
what are the penalities? what i have to do for further business dealings???

honnurvali   05 January 2012 at 10:32

Interest calculation

How to compute interest u/s 234A, B, C when in regular assessment additions are made? Please give some format or method of calculation.

Mahesh Kakade   05 January 2012 at 10:19

Vat & cst

What is commercial benefit to enroll the VAT & CST registration in different state in India under one ownership?

1. Company is under Project business (ESP)
2. The company’s current turnover is 5crs, may increase to 20 to 50crs in this FY.

Also tell the E1 & E2 transaction rules and procedure to mitigate with statutory compliance.

Harshad Mavani   05 January 2012 at 09:21

Gift tax

How much amount of gift can be taken from JIJAJI?
What are the non taxable gifts and from which relatives?

Anonymous   03 January 2012 at 22:09

Service tax on transport services

I am providing transport services to various companies for carrying their employees from their houses to the company and vice versa. Whether Service Tax is payable? I could not find any head of taxable services given in Service Tax Act in which this transportation by buses is covered.

YOGESH NARANG   03 January 2012 at 20:57

Case law

sir i want a case regarding sec. 144 & 271(1)(c)
if any one have please give me the citation of the case

thanks

ishita   03 January 2012 at 13:22

Tds deduction from salary

Hi,

As per my knowledge for TDS deduction from Salary there is some Slab for this If an employee salary is less than that amount than emplyer cannot deduct the TDS.But in my company my Salary is 12K per month and as per my knowledge for female employee it not comes in the range of TDS deduction after that my company is deducting my TDS. I have joined here on Contact of two years, is that "contract" term affects on TDS? And I also want to know that deduction of TDS from my Salary is right as per law?

Waiting for your valuable reply.

Thanks & Regards,
Ishita

Anonymous   03 January 2012 at 11:59

Servies tax on flat

Which tax we have to pay while buying a flat.
I bought a flat in kamothe, near khandeshwar railway station, navi mumbai in the year august 2010 and it is newly constructed building.

Anonymous   01 January 2012 at 21:48

Payments of more than rs. 20,000/- in cash

Respected Experts,
One of my clients have entered into an Agreement of sale to purchase an immovable property and he has to make an earnest advance of Rs. 10,00,000/- to the Vendor. The Vendor wants the payment in cash. My client has the said amount in his s/b account in bank. The amount he got from his relative abroad through an account payee cheque (NRE account). Please explain what he should do? The Vendor ready to acknowledge the payment by issuing a stamped receipt and execute an un-registered agreement of sale on a Rs. 100/- bond paper. What will be the risk involved and how should my client proceed safely? There are other purchasers resdy to pay in cash as desired by the Vendor. Please advice.